Shares of Macy's (M) sank in early trading on Monday after announcing it had ended buyout talks with Arkhouse Management and Brigade Capital Management. In a statement, the retailer says the discussions "failed to lead to an actionable proposal with certainty of financing at a compelling value."

Yahoo Finance anchors Josh Lipton and Julie Hyman discuss the announcement in the video above.

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This post was written by Stephanie Mikulich.